Brp Change To Liabilities vs Capital Expenditures Analysis
| BRP Stock | USD 30.04 0.19 0.64% |
Brp financial indicator trend analysis is way more than just evaluating Brp Group prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Brp Group is a good investment. Please check the relationship between Brp Change To Liabilities and its Capital Expenditures accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Brp Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Change To Liabilities vs Capital Expenditures
Change To Liabilities vs Capital Expenditures Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Brp Group Change To Liabilities account and Capital Expenditures. At this time, the significance of the direction appears to have totally related.
The correlation between Brp's Change To Liabilities and Capital Expenditures is 0.99. Overlapping area represents the amount of variation of Change To Liabilities that can explain the historical movement of Capital Expenditures in the same time period over historical financial statements of Brp Group, assuming nothing else is changed. The correlation between historical values of Brp's Change To Liabilities and Capital Expenditures is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Liabilities of Brp Group are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Change To Liabilities i.e., Brp's Change To Liabilities and Capital Expenditures go up and down completely randomly.
Correlation Coefficient | 0.99 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Change To Liabilities
Capital Expenditures
Capital Expenditures are funds used by Brp Group to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Brp operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.Most indicators from Brp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Brp Group current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Brp Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. As of 05/16/2024, Selling General Administrative is likely to grow to about 483.1 M. Also, Tax Provision is likely to grow to about 1.7 M
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 167.2M | 261.3M | 307.2M | 164.7M | Total Revenue | 567.3M | 980.7M | 1.2B | 612.4M |
Brp fundamental ratios Correlations
Click cells to compare fundamentals
Brp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Brp fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 398.8M | 1.5B | 2.9B | 3.5B | 3.5B | 1.8B | |
| Total Stockholder Equity | 73.3M | 367.8M | 608.4M | 608.1M | 560.4M | 552.3M | |
| Accounts Payable | 58.0M | 159.8M | 351.9M | 525.2M | 619.9M | 650.9M | |
| Cash | 67.7M | 108.5M | 138.3M | 118.1M | 116.2M | 108.0M | |
| Other Assets | 5.4M | 11.1M | 25.6M | 30.7M | 27.7M | 48.9M | |
| Long Term Debt | 40.4M | 381.4M | 35M | 1.3B | 1.3B | 1.4B | |
| Total Liab | 161.5M | 759.9M | 1.7B | 2.3B | 2.5B | 2.6B | |
| Total Current Liabilities | 72.8M | 217.4M | 540.7M | 699.2M | 1.0B | 1.1B | |
| Other Liab | 48.3M | 161.1M | 227.1M | 220.4M | 253.4M | 146.9M | |
| Common Stock | 198K | 455K | 592K | 619K | 646K | 613.7K | |
| Retained Earnings | (8.7M) | (24.3M) | (55.0M) | (96.8M) | (186.9M) | (177.6M) | |
| Other Current Assets | 3.0M | 4.4M | 8.2M | 9.8M | 12.7M | 13.4M | |
| Other Current Liab | 2.5M | 42.0M | 109.1M | 141.5M | 139.7M | 146.6M | |
| Property Plant Equipment | 3.3M | 11.0M | 17.5M | 121.9M | 140.2M | 147.2M | |
| Short Long Term Debt Total | 40.4M | 385.4M | 982.5M | 1.4B | 1.6B | 1.7B | |
| Net Tangible Assets | (183.6M) | (837.9M) | (335.8M) | (1.9B) | (1.7B) | (1.6B) | |
| Property Plant And Equipment Net | 3.3M | 11.0M | 99.1M | 121.9M | 108.2M | 54.5M | |
| Current Deferred Revenue | 5.3M | 11.6M | 18.2M | 31.0M | 30.3M | 15.8M | |
| Net Debt | (27.3M) | 276.9M | 844.2M | 1.3B | 1.5B | 1.6B | |
| Non Current Assets Total | 265.8M | 1.2B | 2.3B | 2.7B | 2.6B | 1.4B | |
| Non Currrent Assets Other | 5.6M | 11.1M | 25.6M | 45.9M | 38.1M | 20.5M | |
| Cash And Short Term Investments | 67.7M | 108.5M | 138.3M | 118.1M | 116.2M | 88.0M | |
| Net Receivables | 58.8M | 155.5M | 342.5M | 532.1M | 627.8M | 659.2M | |
| Good Will | 164.5M | 651.5M | 1.2B | 1.4B | 1.4B | 781.4M | |
| Common Stock Shares Outstanding | 19.4M | 27.2M | 47.6M | 56.8M | 60.1M | 47.5M | |
| Long Term Debt Total | 72.2M | 40.4M | 381.4M | 35M | 40.3M | 38.2M | |
| Liabilities And Stockholders Equity | 398.8M | 1.5B | 2.9B | 3.5B | 3.5B | 1.9B | |
| Non Current Liabilities Total | 88.7M | 542.5M | 1.1B | 1.6B | 1.4B | 789.5M | |
| Other Stockholder Equity | 81.7M | 391.7M | 662.8M | 704.2M | 746.7M | 407.3M | |
| Deferred Long Term Liab | 5.0M | 8.5M | 16.2M | 28.1M | 32.3M | 33.9M | |
| Net Invested Capital | 113.6M | 753.2M | 1.5B | 1.9B | 2.1B | 2.2B | |
| Property Plant And Equipment Gross | 3.3M | 11.0M | 99.1M | 121.9M | 122.2M | 128.3M | |
| Short Long Term Debt | 2.5M | 4M | 70.0M | 10.0M | 226.9M | 238.3M | |
| Total Current Assets | 132.9M | 302.0M | 578.4M | 772.4M | 925.9M | 972.2M | |
| Accumulated Other Comprehensive Income | (2.7M) | (688.0K) | (465.0K) | (219.0K) | (42K) | 0.0 | |
| Non Current Liabilities Other | 48.3M | 161.1M | 223.5M | 220.4M | 61.4M | 114.6M |
Brp Investors Sentiment
The influence of Brp's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Brp. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Brp's public news can be used to forecast risks associated with an investment in Brp. The trend in average sentiment can be used to explain how an investor holding Brp can time the market purely based on public headlines and social activities around Brp Group. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Brp's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Brp's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Brp's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Brp.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Brp in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Brp's short interest history, or implied volatility extrapolated from Brp options trading.
Pair Trading with Brp
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Brp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Brp will appreciate offsetting losses from the drop in the long position's value.Moving together with Brp Stock
| 0.83 | ERIE | Erie Indemnity | PairCorr |
| 0.75 | AJG | Arthur J Gallagher Financial Report 25th of July 2024 | PairCorr |
The ability to find closely correlated positions to Brp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Brp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Brp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Brp Group to buy it.
The correlation of Brp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Brp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Brp Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Brp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Brp Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
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When running Brp's price analysis, check to measure Brp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Brp is operating at the current time. Most of Brp's value examination focuses on studying past and present price action to predict the probability of Brp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Brp's price. Additionally, you may evaluate how the addition of Brp to your portfolios can decrease your overall portfolio volatility.
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Is Brp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Brp. If investors know Brp will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Brp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.182 | Earnings Share (0.93) | Revenue Per Share 20.822 | Quarterly Revenue Growth 0.151 | Return On Assets 0.0115 |
The market value of Brp Group is measured differently than its book value, which is the value of Brp that is recorded on the company's balance sheet. Investors also form their own opinion of Brp's value that differs from its market value or its book value, called intrinsic value, which is Brp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Brp's market value can be influenced by many factors that don't directly affect Brp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Brp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Brp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Brp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.